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Bullboard - Stock Discussion Forum Mexican Gold Mining Corp V.MEX

Alternate Symbol(s):  MEXGF

Mexican Gold Mining Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and evaluation of resource properties in Mexico. The Company owns a 100% interest in the Las Minas and La Miqueta properties, collectively named the Las Minas Project, through its wholly owned subsidiary, Roca Verde Exploracion de Mexico, S.A. de C.V. (Roca Verde). The... see more

TSXV:MEX - Post Discussion

Mexican Gold Mining Corp > PEA scheduled to be completed in 2nd Quarter of 2021?
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Post by hartadd on Feb 02, 2021 7:38am

PEA scheduled to be completed in 2nd Quarter of 2021?

"The PEA is scheduled to be completed in the 2nd Quarter of 2021".

Does this 2nd quarter mean the period from April to June? I ask because in the UK they talk about  the first quarter being from April to June, meaning the 1st quarter of the new financial year. So in mining terminology is the 1st quarter from Jan to March and so on on a calendar basis?                                            
Comment by wilwal on Feb 02, 2021 4:48pm
April-June.  
Comment by hisandlos on Feb 03, 2021 3:18pm
The PEA  will be extremely important and will impact the price of the stock no question about it. However before that expect that towards the end of February when they announce the quarter results ending December 31, 2020,  that they will probably announce a new resource estimate based on the drilling results  ...  and we know that the resource estimate will be significantly ...more  
Comment by hartadd on Feb 04, 2021 8:41am
Probably a good time to accumulate then before the end of February and then afterwards before the PEA in 2nd quarter? The appointments below are very positive and perhaps signify the greater scope of the project here?  Michael Murphy is a Founder and Director of Torex Gold, responsible for identifying Torex’s Morelos Gold asset from Teck and arranging a +$240-million financing to acquire ...more  
Comment by hartadd on Feb 04, 2021 6:22am
Thanks for clarifying wilwal